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Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Valencia Housing Prices Hit €439,000 as Spain Real Estate Market Breaks Records

Valencia Housing Prices Hit €439,000 as Spain Real Estate Market Breaks Records

France Resort Property Prices Vary Tenfold

France Resort Real Estate Prices Vary Tenfold

Lisbon’s Office Investment Yields Lead Portugal

Lisbon’s Office Investment Yields Lead Portugal

Spain Healthcare Property Investment Hits €1.36B

Spain Healthcare Property Investment Hits €1.36B

Portugal House Prices Rise 1.6% in January

Portugal House Prices Rise 1.6% in January

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Greece Real Estate: Sellers Outnumber Buyers

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Spain Real Estate: Q3 Sees 8.1% Price Increase

Real Estate News

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Greece Real Estate: Sellers Outnumber Buyers

Banking News

ING Lowers Savings Account Rates Effective January 1

ING Lowers Savings Account Rates Effective January 1

Alpha Bank Divests 65% Stake in Skyline to P&E Investments

Alpha Bank Divests 65% Stake in Skyline to P&E Investments

Cash Still King: Euro Area Consumers Value Payment Choice

Cash Still King: Euro Area Consumers Value Payment Choice

Cash Losing Ground in the EU: A Digital Shift Explore how cash is declining in the Eurozone as digital payments rise, reshaping consumer habits and the future of transactions. In the ever-evolving landscape of monetary transactions within the Eurozone, cash appears to be gradually relinquishing its erstwhile dominance. Despite its continued status as the preferred medium of exchange for many consumers, particularly for minor purchases, the European Central Bank (ECB) has illuminated a discernible shift towards digital payment modalities. Recent analyses reveal that while cash transactions still constitute a significant portion of exchanges, their prevalence is waning. In 2023, a mere 52 percent of transactions were executed in cash, a notable decline from 59 percent in 2022 and a staggering 72 percent in 2019. This trend underscores a broader societal pivot towards the convenience and efficiency of digital payments. Moreover, the ascendancy of card payments is equally striking, with their share escalating from 25 percent in 2019 to 39 percent in the latest evaluation. This transition is not merely a statistical anomaly; it reflects a profound transformation in consumer behavior and preferences. Interestingly, the decline in cash transactions is not uniform across the Eurozone. While most member states have witnessed a decrease in cash usage, Finland and the Netherlands stand as exceptions, maintaining a more robust engagement with physical currency. Cyprus has experienced the most pronounced drop, with an 11 percentage point decrease in cash transactions, followed closely by Germany, Malta, and Portugal, each recording a 10 percentage point decline. As we navigate this intricate tapestry of financial evolution, one must ponder: is cash truly losing its grip, or is it merely adapting to a new role in an increasingly digital economy? The answer may lie in the delicate balance between tradition and innovation, a dance that will undoubtedly continue to unfold in the years to come.

Cash Losing Ground in the EU: A Digital Shift

Investing News

Investing

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Spain Healthcare Property Investment Hits €1.36B

Spain Healthcare Property Investment Hits €1.36B

Limehome secures €75M for Spanish property push

Limehome secures €75M for Spanish property push

Spain Real Estate Investment: Institutional Funds to Hold 47% Share

Spain Real Estate Investment: Institutional Funds to Hold 47% Share

Wealth Management News

Wealth Management

Portuguese Fund Manager FinProp Capital Ventures into Spain with Ambitious €100M Investment

Portuguese Fund Manager FinProp Capital Ventures into Spain with Ambitious €100M Investment

Where the Wealthy Buy: Top Cities Leading the France’s Luxury Real Estate Market

Where the Wealthy Buy: Top Cities Leading the France’s Luxury Real Estate Market

Why Wealth Planners Are Turning Attention to Portugal: Inheritance Tax Changes Spark Interest from UK Residents

Why Wealth Planners Are Turning Attention to Portugal: Inheritance Tax Changes Spark Interest from UK Residents

Deutsche Bank Expands Wealth Management Business in Zurich with Strategic Hires

Deutsche Bank Expands Wealth Management Business in Zurich with Strategic Hires

Finance News

Finance

France mortgage rebound: €146.5B in new loans fuels recovery for first‑time buyers

France mortgage rebound: €146.5B in new loans fuels recovery for first‑time buyers

Spain Real Estate Investment: Institutional Funds to Hold 47% Share

Spain Real Estate Investment: Institutional Funds to Hold 47% Share

Vbare Signs €5.5 Million Mortgage Loan with Banca Pueyo Backed by Central Madrid Asset

Vbare Signs €5.5 Million Mortgage Loan with Banca Pueyo Backed by Central Madrid Asset

Besant Capital Acquires Historic Hotel Suecia in Madrid, Plans €500 Million Luxury Investment

Besant Capital Acquires Historic Hotel Suecia in Madrid, Plans €500 Million Luxury Investment

Asset Management News

Asset Management News

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Limehome secures €75M for Spanish property push

Limehome secures €75M for Spanish property push

Vbare Signs €5.5 Million Mortgage Loan with Banca Pueyo Backed by Central Madrid Asset

Vbare Signs €5.5 Million Mortgage Loan with Banca Pueyo Backed by Central Madrid Asset

Urbanitae opens 15% of its capital to family offices and developers in €30M move

Urbanitae opens 15% of its capital to family offices and developers in €30M move

Real Estate Investing News

Real Estate Investing News

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Room00 Expands Real Estate Assets with Five New Hospitality Acquisitions in Spain, Italy, and Portugal

Valencia Housing Prices Hit €439,000 as Spain Real Estate Market Breaks Records

Valencia Housing Prices Hit €439,000 as Spain Real Estate Market Breaks Records

Lisbon’s Office Investment Yields Lead Portugal

Lisbon’s Office Investment Yields Lead Portugal

Spain Healthcare Property Investment Hits €1.36B

Spain Healthcare Property Investment Hits €1.36B

Banking Share News

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Santander Boosts Dividend by 15%, Announces €0.115 Per Share Payout: Key Dates and What It Means for Investors

Santander Boosts Dividend by 15%, Announces €0.115 Per Share Payout: Key Dates and What It Means for Investors

JP Morgan Snags 1.4% Stake in Banco Sabadell Amid BBVA Takeover Buzz!

JP Morgan Snags 1.4% Stake in Banco Sabadell Amid BBVA Takeover Buzz!

ECB Approves Monte dei Paschi’s Takeover Bid for Mediobanca—Shares Slip After Announcement

ECB Approves Monte dei Paschi’s Takeover Bid for Mediobanca—Shares Slip After Announcement